Freedom of Choice: The Leximax Criterion in the Infinite Case
AbstractMany recent works have investigated the problem of extending a preference over a set of alternatives to its power set, in an attempt to provide a formal representation of the notion of freedom of choice. In general, results are limited to the finite case, which excludes, for instance, the case of economic environments. This paper deals with the possibility of extending those results to the context where the basic set of alternatives is the n-dimensional Euclidean space. We present an extension of the leximax criterion described by Bossert, Pattanaik and Xu (1994) to this more general framework.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Departamento de Economía - Universidad Pública de Navarra in its series Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra with number 0608.
Date of creation: 2006
Date of revision:
Publication status: Published in
Contact details of provider:
Postal: Campus de Arrosadía - 31006 Pamplona (Spain)
Phone: 34 948 169340
Fax: 34 948 169 721
Web page: http://www.econ.unavarra.es
Postal: Papers are not sent in a centralized mode. You can download them with ftp, or contact the authors.
Find related papers by JEL classification:
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Tjalling C. Koopmans, 1962. "On Flexibility of Future Preference," Cowles Foundation Discussion Papers 150, Cowles Foundation for Research in Economics, Yale University.
- Kreps, David M, 1979. "A Representation Theorem for "Preference for Flexibility"," Econometrica, Econometric Society, vol. 47(3), pages 565-77, May.
- Sen, Amartya, 1991. "Welfare, preference and freedom," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 15-29, October.
- Pattanaik, Prasanta K. & Xu, Yongsheng, 2000. "On Ranking Opportunity Sets in Economic Environments," Journal of Economic Theory, Elsevier, vol. 93(1), pages 48-71, July.
- Ballester, Miguel A. & de Miguel, Juan R. & Nieto, Jorge, 2004. "Set comparisons in a general domain: the Indirect Utility Criterion," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 139-150, September.
- Bossert Walter & Pattanaik Prasanta K. & Xu Yongsheng, 1994. "Ranking Opportunity Sets: An Axiomatic Approach," Journal of Economic Theory, Elsevier, vol. 63(2), pages 326-345, August.
- Ricardo Arlegi & Jorge Nieto, 2001. "Ranking opportunity sets: An approach based on the preference for flexibility," Social Choice and Welfare, Springer, vol. 18(1), pages 23-36.
- Sen, A., 1991. "Markets And Freedoms," Harvard Institute of Economic Research Working Papers 1559, Harvard - Institute of Economic Research.
- Sen, Amartya, 1988. "Freedom of choice : Concept and content," European Economic Review, Elsevier, vol. 32(2-3), pages 269-294, March.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Javier Puértolas).
If references are entirely missing, you can add them using this form.